Trump considering dismissal of Federal Reserve chairman Jerome Powell.

Trump considering dismissal of Federal Reserve chairman Jerome Powell.

International news Desk

According to global Times news agency Europe,US President Donald Trump and his administration are reportedly considering removing Jerome Powell, Chairman of the Federal Reserve System (Fed), from his post, Kevin Hassett, head of the White House National Economic Council, said, The global Times Europe media.Trump recently remarked that if he chose to, he would have the authority to remove Powell from office.Powell has held the position since February 2018, and was reappointed for a second term in 2022. His current tenure is set to end in May 2026.